Charles Burgess
Refinance Rental Portfolio
24 September 2024 | 15 replies
That means 20% of the loan to the lesser valued houses (3) and 40% to the higher priced home (1) for a total of 100%.When you sell one of the houses, you typically have to pay 110 to 120% of the allocation loan percentage based on current principal.
Alex Silang
LLC registered in STR state or home state?
27 September 2024 | 13 replies
For me, I had to file in both FL and CT and pay annually in both FL and CT.
Jason Smith
Looking at switching to Honeycomb Insurance
25 September 2024 | 3 replies
I am trying to see if anyone can attest to their service when filing a claim.
Alex Keim
Is it worthwhile to list on multiple platforms
2 October 2024 | 48 replies
I e filed claims with both VRBO and AirBNB and had no issues having them paid.
Ralph Godwin
Metro flippers investments
25 September 2024 | 10 replies
My client is going to file charges against metro flippers in all regions they operate they are fraudulent and never close any loans they send out fake settlement statements and imposter a company that lends their numbers are spam numbers
Fofana Aziz lassina
New Member from Beaufort SC
25 September 2024 | 2 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
Melanie Baldridge
Re Pro Status and income
24 September 2024 | 2 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
Daria B.
Cost in a non-judicial state AL
24 September 2024 | 4 replies
@Daria B.The maximum allowable non-judicial foreclosure fee for Fannie Mae in Alabama is $1,900, as of January 1, 2023.Again does not include filing costs etc but assume $3,000We have foreclosed multiple times in Alabama - it’s an easy state to foreclose in.
Melanie Baldridge
Know these rules before doing a Cost Seg
24 September 2024 | 4 replies
Yes, you can file jointly if you or your spouse qualify as a Real Estate Professional (RE Pro) and share the benefits.To qualify as an RE Pro you must:1.
Allen Wu
Ownwell- protest property tax. Is this company legit?
25 September 2024 | 10 replies
I filed a protest on my own and got it reduced a bit....